Streetbeat News

Earnings

BAND

Bandwidth has revised its Q4 revenue guidance to $198M-$208M, surpassing the previous estimate of $189.67M. The company also projects FY24 revenue to be between $737M and $747M.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

VNT

Vontier Corp has updated its FY24 outlook, projecting sales between $2.955B and $2.985B, slightly narrowing its previous range. The company expects adjusted EPS to be between $2.86 and $2.92, with a flat operating profit margin year-over-year. Q4 sales are expected to be around $770 million.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

MRK

Merck has updated its 2024 financial outlook, slightly adjusting its sales guidance to $63.6B-$64.1B from the previous $63.4B-$64.4B, and below the consensus of $64.162B. The company also revised its non-GAAP EPS to $7.72-$7.77 from $7.94-$8.04.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:39 am

ATGFF

AltaGas reported a 42.86% increase in Q3 EPS to $0.10, despite a 10.49% decrease in sales to $2.02 billion compared to the previous year.

Portfolio Pulse from totan@benzinga.com

October 31, 2024 | 10:38 am

BAND

Bandwidth has provided its Q4 and FY24 revenue guidance. The company expects Q4 revenue to be between $198M and $208M, surpassing the estimated $189.67M. However, its FY24 revenue guidance of $737M-$747M falls short of the $748.53M estimate.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

ETN

Eaton has released its Q4 2024 financial expectations, forecasting adjusted EPS between $2.78 and $2.84, slightly above the consensus estimate of $2.81. The company also anticipates organic growth of 6-7% and segment margins of 23.6-24.0%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

TFX

Teleflex has revised its FY24 financial guidance, lowering its GAAP revenue growth range and slightly adjusting its EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:38 am

VRN

Veren (NYSE:VRN) reported Q3 2024 earnings per share of C$0.29, missing the estimate of C$0.30, but sales of C$992.9M exceeded the estimate of C$950.95M. Earnings decreased by 50.85% from last year, while sales slightly decreased by 0.58%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:36 am

ETN

Eaton has raised its 2024 guidance, now expecting adjusted EPS of $10.75-$10.81, up from the previous $10.65-$10.75. The company also increased its segment margins and overall EPS expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:36 am

UTZ

Utz Brands has reaffirmed its outlook for FY24, expecting organic net sales growth of 2%-2.5% and projecting adjusted earnings per share growth of 28%-32%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:35 am